35-year lease in Somerset, New York
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
New Lease has initial term of 35 years commencing October 9, 2024, with automatic renewal for up to nine additional five-year periods
Source (primary)
TeraWulf 8-K filed 2024-10-10 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The New Lease has an initial term of 35 years, commencing on October 9, 2024, and will automatically renew for up to nine additional periods of five years each”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states the 35-year initial term starting October 9, 2024 and up to nine automatic five-year renewals.
Confirmed in the source:
- The New Lease has an initial term of 35 years
- The term commences on October 9, 2024
- The lease automatically renews for up to nine additional five-year periods
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000136/wulf-20241009.htm) in full (12,787 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2024-10-10
Quote: “The New Lease has an initial term of 35 years, commencing on October 9, 2024, and will automatically renew for up to nine additional periods of five years each”